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Global
It's a homeowner's worst nightmare: That banks rush to foreclose 99% of the time because (Bair suspects) bankers have a disdain for borrowers.
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If you don’t have a credible threat to launch a suit, why should anybody bother? The answer here is obvious: this isn’t a “settlement”; it’s a cash for a broad release (effectively, an indemnification).
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Does anyone seriously believe this rally is based on fundamental strengths in the U.S. and global economy? Uh, sure. Let's be honest, the whole thing reeks of massive goosing by proxies with the goal being perception management.
Radio/TV •
Corruption
Host:
Ernest Hancock
Ed Foster - Mayor of Quartzite In Studio for 2 hours - Government cannot be fixed... even from the inside / Barry Hess - In Studio
Radio/TV •
Corruption
Host:
Ernest Hancock
Ed Foster - Mayor of Quartzite In Studio for 2 hours - Government cannot be fixed... even from the inside / Barry Hess - In Studio
Radio/TV •
Corruption
Host:
Ernest Hancock
Dave - "Escape Harassment" is a Volunteer Group of Researchers and Educators. / Drew Phillips - Dime Cards at Porcfest / whatisthiscoinworth.info / Sheriff Richard Mack - Grant County, Oregon: The Solution To Tyranny
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Operation Castaway: Virginia O’Brien was previously the Special Agent in Charge of the Phoenix Field Division. "From a first person source she is sh*tting herself trying to cover it up," the report stated.
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Some Mexican drug cartel figures targeted by BATF in a gun-trafficking investigation were paid informants for the FBI and Drug Enforcement Administration. BATF was "kept in the dark" and might have ended the operation sooner, Melson claims.
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In an exclusive interview published on Monday by New Scientist, a key member of the notorious hacker group LulzSec spoke directly for the first time about how he sees himself and his motivations.
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Government at the point of a gun. If every single one of the officers is not in jail tomorrow---it'll mean the People have already given in to the police state. No sense in complaining. Regardless of what happens to the bonehead councilman who see
Feature Article •
Global
Financial terrorism
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Global
Corporate American, and apparently important agencies, much prefer to hire people who’ve had Big Jobs no matter how poorly they’ve performed in them, that are very similar to the one at hand, rather than hire someone who relevant skills...
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In other words, by the time this mess blows up, we’ll be out of the picture, and therefore scot-free.
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Florida continues to show a rather disconcerting willingness to throw its citizens’ rights under the bus to help the banks.
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Consider the cases of Laurie Pinkerton and Lisa Peterson. The two women, both Californians and Bank of America customers, had been assured by the bank that they wouldn't lose their homes before they'd been evaluated for...
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This loss of faith in the transparent functioning of markets will trigger what I call the delegitimization of both the markets and the institutions which have essentially promised a permanent upward bias in assets.
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Judges don’t like having to rule that a bank was engaged in making up documents (yes, I know, they should be indifferent, but there a lot of resistance to issuing a ruling that is tantamount to calling big established institutions crooks).
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This is the first ruling in New York to consider the question of whether MERS “can assign the right to foreclose” when it has neither rights in or possession of the note. Most courts that have considered whether MERS can make assignments...
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AT&T is lining up support for its acquisition of T-Mobile from a slew of liberal groups with no obvious interest in telecom deals — except that they’ve received big piles of AT&T’s cash. The NAACP, the Gay & Lesbian Alliance Against Defamation and th
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Following the annual Bilderberg meeting in St. Moritz Switzerland this weekend, a prominent attendee to the elitist gathering has been entered into the race to become the IMF head at the eleventh hour.
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Simply stated, subprime and predatory lending allowed banks to create millions of questionable mortgages, Wall Street bundled these risky mortgages together to sell to investors, and MERS made it quicker and easier to conduct these risky transactions
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It was the early 1980′s and the Boomers were between 23 years old and 40 years old. Seventy six million Boomers were in the work force. Was it the chicken or the egg? The financial industry peddled debt as the solution to all problems.
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Breaking news. There's been a bomb. Sorry, a "bomb". A "tubular device" has been "found" by the police, two people have been cuffed and whisked off, and the security is tightening fast.
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These institutions are "foreclosing" on loans they have no legal right to foreclose upon as they don't own them.
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The root problem is theft. Theft has become the main activity of the U.S. government (and state governments).
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AIG is about to do for EU banks what the ECB so far has been unwilling and/or unable: namely to transfer the risk associated with European banks' massive ongoing exposure to the continuously collapsing US housing market back to the US taxpayers...
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After being subjected to a national financial crime wave with no meaningful consequences for white collar criminals, the middle class, the core of many cities and communities, is being subjected to a physical crime wave.
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I’m having trouble understanding why anyone is still treating the Federal/state attorney general mortgage “settlement” negotiations as anything other that a fiasco. The more news reports come out, the more the parties aligned against the banks...
Magazine •
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Arizona politics is uproariously funny all of the time. But if you look around where you live you will see the very same distractions in whatever ruling political entity you have that seizes your money and buys stuff and people with it.
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These earmarks, pork projects set aside for a particular Congressional district, are in a newly created special fund called the “Mission Force Enhancement Transfer Fund.” The fund has already hit $1 billion
